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Glassboro, NJ Real Estate


According to census data in the year 2000 there were 6,555 housing units in Glassboro. This represents a 20.5% growth from 5,440 in 1990.

Of those housing units, 6,491 were located in either urbanized areas or urban clusters, and 64 were located in what is classified as a rural area.

Homeownership rate in Glassboro is about 62.6%. Glassboro's vacancy rate, including seasonal lodging, is about 5%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Glassboro were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom17.30%
Two Bedrooms18.70%
Three Bedrooms44.20%
Four Bedrooms15.20%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1969
Median Value of occupied units$114,100
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1970
Median Monthly Rent asked for vacant units$591

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.80%
Home Equity Loan10.30%
Simple Mortgage56.30%
Debt Free25.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%